Asian cyclical stocks likely to be winners amid US rate cuts

US rate cuts, expected to start this week, pave the way for structurally stronger Asian currencies relative to the USD. This has the potential to reduce Asian countries’ USD debt and attract more foreign capital, thereby boosting local stocks. However, uncertainties ahead of the US elections and overly dovish rate cut expectations could result in market volatility over the short term.

Read the full article here: https://www.uobam.com.sg/insights/ip-rate-cuts-asian-cyclical-stocks.page?path=data/uobam/ip-rate-cuts-asian-cyclical-stocks

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